|
SEVEN QUESTIONS YOU SHOULD ASK A REAL ESTATE AGENT
Having the right real estate professional by your side can greatly improve your home-buying
experience. A good rule of thumb is to interview a minimum of three candidates. Here are 10 questions to ask during an interview: 1. What
geographic areas do you specialize in? 2. Do you have a Website? What information can I find there? 3. How
will you keep me informed during my home search and throughout the transaction? 4. Will you show me properties
from other companies’ listings? (Some real estate companies do offer their buyers’ agents a higher commission
if they are able to sell “in-house” listings. In those instances, there can be added incentive to limit the range
of homes you are shown. This may affect your home search and how much your agent’s fee will be.) 5. Will you
represent me exclusively, or will you also represent the seller? May I have that in writing? 6. How will you get
paid? How are your fees structured? May I have that in writing? 7. What distinguishes you from other real estate
agents? What is your negotiating style? Do you have a performance guarantee? If I am not satisfied
with your performance, can I terminate our buyer agency agreement? (In the heavily regulated world of real estate, it can
be difficult to offer a performance guarantee. Typically, agents will outline verbally what you can expect from their performance.
Keller Williams Realty understands the importance of win-win business relationships: The agent does not benefit if the client
does not benefit.)
|